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Jan 28, 2025 · Australia’s retail sector is set to face an increasingly complex landscape in 2025. From oversaturated markets to rapidly evolving technology and cost of living pressures, businesses are finding it harder than ever to compete with other brands and maintain customer loyalty. Last year, the ...

Dec 17, 2024 · This year, we noticed that Australian retailers are less likely to pass on costs and fees to their shoppers and we’ve seen Australian shoppers prefer on-the-spot outcomes such as instant exchanges and instant refunds.

2 days ago · Square has released early insights from its forthcoming annual Future of Commerce report, providing a unique look at the retail, restaurant and beauty industries across the US, Canada, UK and Australia.. The research found that businesses worldwide intend to turn to innovative, tailored technology in 2025, as they face the triple challenge of sustained high inflation, shrinking consumer ...

With the COVID-19 pandemic, the past 36 months have been a difficult time for Australia’s retail industry, with businesses having to navigate a plethora of challenges, ranging from rising costs and supply chain disruptions to grave labour shortages.. Further adding to the pressure on retailers are rising customer expectations.

Let’s face it, 2023 was another disruptive and unpredictable year for Australian retailers. Sales surged during retail events like Black Friday, Cyber Monday, and Click Frenzy, but much of the year was clouded by inflation, interest rate hikes, and cost-of-living pressures that impacted spending and sentiment.

Nov 28, 2023 · The last few years have seen major shifts in the retail landscape, such as the rapid rise of eCommerce, growing demand for a more personalised shopping experience, omnichannel fulfilment options and faster delivery.

Dec 17, 2024 · Amid challenging market conditions, Australia’s growing demand for fresh convenience options has continued to drive new retail opportunities for the grocery sector in 2024.

Retailbiz has been reporting on Australia’s $299 billion retail sector for over a decade. As the retail industry is constantly evolving, Retailbiz is committed to bringing you not only the latest retail news and trends but also the innovations and technologies that are driving the industry forward. Drawing on a large team of journalists who collectively cover nine separate retail verticals ...

It has been a challenging few years for retailers, especially as they are more likely than average to face risk, according to FIS’ Global Innovation Report.With 89% of retailers concerned about rising inflation, and 78% worried about supply chain disruption, industry norms have been flipped.